111 N Pine StPlainviewNE68769
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Plainview at 111 N Pine St, Plainview, NE, 68769 offers $2,068/mo rent that, after a $1,028/mo payment, leaves $650/mo cash flow. Total monthly income is $2,068/mo, and annual cash flow is $7,797/yr on $69,615 cash. Return on cash invested measures 31.11% in year one, and rental yield stands at 11.82% at a $210,000 entry. Equity gained on principal adds $1,355/yr while 5% annual appreciation compounds into $58,019 by year five. Five-year ROI records 163.64% and total cumulative return in cash reaches $113,920. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,068/mo property income versus a $1,028/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68769, Plainview, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 811 (100%) |
| Owner Occupied HU | 544 (67.1%) |
| Renter Occupied HU | 163 (20.1%) |
| Vacant Housing Units | 104 (12.8%) |
| Median Home Value | $129,487 |
| Average Home Value | $212,835 |
Housing Distribution
Address Breakdown
Residential
471
Single Family
471
Multi-Family
0
Businesses
84
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Listed by: Tami White • Berkshire Hathaway Home Services Amb Re Norfolk
Mls Name: Norfolk BOR
Mls ID: #250526
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.